2024-2025 Wall Street Prep Premium Exam with Answers (50 Solved Questions)

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WallStreetPrepPremiumExam100% VERIFIEDCORRECT ANSWERS2024/2025What is generally not considered to be a pre-tax non-recurring (unusual orinfrequent) item?Extraordinary gains/losseswhat is false about depreciation and amortizationD&A may be classified within interest expenseCompany X's current assets increased by $40 million from 2007-2008 while thecompanies current liabilities increased by $25 million over the same period. thecash impact of the change in working capital wasa decrease of 15 millionthe final component of an earnings projection model is calculating interestexpense. the calculation may create a circular reference becauseinterest expense affects net income, which affects FCF, which affects the amount ofdebt a company pays down, which, in turn affects the interest expense, hence thecircular referencea 10-q financial filing has all of the following characteristics exceptissued four times a year.

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Depreciation Expense found in the SG&A line of the income statement for amanufacturing firm would most likely be attributable to which of the followingcomputers used by the accounting departmentIf a company has projected revenues of $10 billion, a gross profit margin of 65%,and projectedSG&A expenses of $2billion, what is the company's operating(EBIT) margin?45%A company has the following information, 1. 2014 revenues of $5 billion,2013Accounts receivable of $400 million, 2014 accounts receivable of $600 million,what are the days sales outstanding36.5A company has the following information:• 2014 Revenues of $8 billion• 2014 COGS of $5 billion• 2013 Accounts receivable of $400 million• 2014 Accounts receivable of $600 million• 2013 Inventories of $1 billion• 2014 Inventories of $800 million• 2013 Accounts payable of $250 million• 2014 Accounts payable of $300 millionWhat are the inventory days for the company?65.7 daysWhich of the following is trueCoca Cola's brand name is not reflected as an intangible asset on its balance sheet

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A company has the following information:• 2014 share repurchase plan of $4 billion• Average share price of $60 for the year 2013• Expected EPS growth for 2014 of 10%What should the number of shares repurchased by the company be in yourfinancial model?60.6 millionnon-controlling interestis an expense on the income statement and equity o the balance sheetA company has the following information:• 2013 retained earnings balance of $12 billion• Net income of $3.5 billion in 2014• Capex of $200 million in 2014• Preferred dividends of $100 million in 2014• Common dividends of $400 million in 2014What is the retained earnings balance at the end of 2014?15 billionin order to find out how much cash is available to pay down short term debt, suchas revolving credit line, you must takebeginning cash balance + pre-debt cash flows-min. cash balance-required principalpayments of LT and other debtto calculate interest expense in the future, you should do which of the followingapply a weighted average interest rate times the average debt balance over the courseof the yearenterprise (transaction) value represents the:
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